Australia’s most accessible financial broker
Need to pay for dental treatment but finding it too expensive? Living in Australia, we all feel the pain of dental costs at some point. In fact, for many of us, the cost is a significant barrier to getting the dental care we need. But you don’t have to live with the pain anymore. You can get a loan for dental work and keep your smile healthy and bright. Read on to find out how a personal loan can help you get the dental treatment you need without all the hassle.
A dental loan is a type of secured or unsecured personal loan that helps you cover your dental bills. Once you’re approved for a dental loan, the full sum will be deposited directly into your bank account. You can use this money right away or as needed to cover any dental expenses you have. Or, if you find you need it for something else, you can use it for any other expense too!
Your loan repayments will come in simple weekly, fortnightly, or monthly instalments. And will include any other rates or fees associated with the loan.
You can use a dental loan to cover a range of dental procedures. From hygiene needs and cosmetic treatments to major surgeries.
Common uses for dental care loans include:
Eligibility requirements differ between lenders, so there is no blanket guarantee on who can get a dental loan. But minimum eligibility criteria will typically include the following:
When you apply, the lender will a perform credit check to assess your affordability. Responsible lenders are also required to conduct this assessment to ensure you can reasonably repay the loan over the course of its term.
If you have a bad credit score, don’t worry – there’s still a way to finance your dental work. Just speak to the team at Oceania Finance and we’ll help you find the best loan to suit your circumstances.
You can borrow up to $65,000 with a personal dental loan, depending on how much you need and your financial situation. Keep in mind that interest and fees will be added on top of this and that unsecured loans may incur higher interest rates.
Dental loan costs are determined by a range of factors, like:
As a given rule, the more money you borrow, the more interest you will pay overall. So make sure you research the rates and fees, and terms and conditions before applying for a dental loan in Australia.
A secured personal loan means it is usually attached to a valuable asset. For example, a house or a car. This is a safer and less risky option for the lender and comes with a lower interest rate.
If your loan is unsecured, then there is no asset attached to the loan as collateral. This means that the interest rates can be slightly higher than a secured personal loan. Because the lender has no asset to claim if you are unable to pay the loan back.
One of the best ways to save on dental expenses is by reducing your need to have dental treatments. So we’ve compiled some top tips for maintaining good oral health and saving you money off your dental bill in the future:
While life can be really exhausting sometimes, a holiday is the perfect time to put..
While life can be really exhausting sometimes, a holiday is the perfect time to put your phone on silent and block out the rest of the world. This is where a holiday loan comes in handy. A holiday loan is a great way to afford the vacation you need without draining your savings account. But … Continued
Read more
Times are tough with many Australians now working multiple jobs just to keep up with..
Read more
It’s no secret that the rise in the cost of living has hit Aussies hard...
Read more
